The ABC’s of 529 College Savings Plans Named after Section 529 of the Internal Revenue Code, 529 plans are tax-advantaged savings plans designed to encourage saving for future education costs. Managed by states or educational institutions, these plans can be categorized into two types: prepaid tuition plans and education savings plans. Both options offer…
Being financially literate means being capable of analyzing financial situations and making sound decisions. It’s a must-have talent for people of all ages and socioeconomic backgrounds. High school and college students can benefit from learning about money management and developing good money habits through financial literacy education. Some of the reasons why students in high…
College students need to be aware of all the costs associated with attending their chosen institution. There are several reasons why it’s important for students to comprehend the cost of higher education. Costs associated with higher education consistently rank among the highest priorities for many families. When students know how much they will be…
